Employment in unorganised sector dips in April-June quarter; no. of working owners up

[ad_1] NEW DELHI: Employment in India’s unincorporated sector dipped marginally in the April-June quarter of the current fiscal compared to the previous quarter, though the number of enterprises rose, according to a quarterly survey released Wednesday. National Statistics Office (NSO) published first quarterly bulletin of unincorporated sector enterprises (QBUSE) with estimates for Jan-Mar and Apr-June…

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Gross savings, less taxing: From shampoo to sev, GST rejig expected to revive consumption demand; FMCG packs to see price cut

[ad_1] MUMBAI/NEW DELHI: The move to cut GST on a host of regular household staples ahead of the festive season is expected to lift consumption which had just begun to show some initial signs of recovery after several sluggish quarters. Companies expect demand for products ranging from soaps, shampoos and hair oils to namkeen to…

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NSE board appointment: Former IFSCA chief Injeti Srinivas named Public Interest Director, Sebi nod awaited

[ad_1] The National Stock Exchange (NSE) has appointed Injeti Srinivas, former chairman of the International Financial Services Centres Authority (IFSCA), as a Public Interest Director on its board, the exchange disclosed on its website.Sources told PTI that Srinivas may also be in line for the post of NSE chairman, subject to approval from the Securities…

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Sitharaman’s ‘Diwali gift’: From paneer to paratha, Centre explains tweaks in GST rates

[ad_1] In what the government on Wednesday called a Diwali gift, the GST Council has approved sweeping rate cuts across key sectors. Finance minister Nirmala Sitharaman announced that daily-use items like hair oil, shampoo, toothpaste, soap, toothbrushes, and shaving cream will now attract just 5% GST, down from 18%. GST on individual health and life…

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‘India’s got big problems’: Trump hints at ‘phase-2, phase-3’ of ‘sanctions’ over Russian oil purchase – watch

[ad_1] US President Donald Trump on Wednesday hinted at “phase-2 and phase-3” of what he called “sanctions” on India, highlighting his past warning that New Delhi “got big problems” if it did not stop buying Russian oil. He further claimed that imposing additional 25% tariffs on India cost Russia “billions of dollars.” “That cost hundreds…

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